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<br /> i
<br /> IOrange County Alcoholic Beverage Control Board -
<br /> Comparative Statement of Net Position
<br /> As of September 2024 Intl 2023
<br /> I Attachment sl"
<br /> Assets
<br /> Current Assets 2024 2023 Variance
<br /> Cash-Trulst
<br /> Cash-Roxboro savings(closed) 493,735. 826,060 (132,325)
<br /> Cash-5/3 Bank 0 391,837' (391,837)
<br /> Cash-First Horizon 11160,395 0'. 1.160,395
<br /> Cash-Store Change Reserves 1,940.422 2,624,132, (683,710)
<br /> Total Cash&Cash EquNalents 18,000 �000,
<br /> Accounts Receivable
<br /> 3,612,552 ___3'669 (47477) -1.30%
<br /> Prepaid Expenses 3,476 1,355. 21121
<br /> Distributions(prepaid) 210,491 167,833, 42,658
<br /> Security Deposits 0. 0'
<br /> Inventory 20,736 20,736'.. -
<br /> Inventory(bags) 5.141,150 4,984,009' 157,141
<br /> Lease Asset 70,256 31227�' 3.15%
<br /> 2,112,628 2,112,828! 48,029
<br /> Total Current Assets
<br /> 7,567,937' 7,317988, 249,949
<br /> 3.42
<br /> 11,180,489
<br /> 1os7e,olr zoz,47z
<br />' Properly$Equipment
<br /> Land,Buildings&Improvements
<br /> Vehicles$Equipment 73,182,921 13131,027' 51,894
<br /> Total Property&Equipment 2,468,018' 2,179.632'. 288,386
<br /> Leas:Accumulated Depreciation 15,650,939 15,310,6591 340,2110
<br /> Accumulated Lease Amortization (4,671,384): (4;178,391)I (492,993)
<br /> (745211) (540 (235521)
<br /> Net Property$Equipment --�--0969�
<br /> 10,234,344 10,622,578i 368,234
<br /> Other Assets(Penalon)
<br /> Deferred Outflow Asset(OPEB)
<br /> Pension Deferrals/Net Pension Asset (128,069) (185678) 56,709
<br /> Deferred Outflows of Resources 724.227 677:608.:' 46.619
<br /> 301,637 254 559
<br /> 896,895: - 746, 89 - 47 078
<br /> 150,406
<br /> Total Assets _ 22,317728
<br /> 22;347,884'' (35,356)
<br /> Liabilities and Equity
<br /> Current Liabilities 2024
<br /> Accounts,Payable 2023
<br /> Trade
<br /> Other 1,486,470 1,369,908' 116,662
<br /> ----111480, . 118,274' 8.57%
<br /> _1697950 1488,182' (6794)
<br /> Excise Taxes
<br /> OIheNSalea Taxes 591.344 601,698' (70,255) -11.68%
<br /> Payroll Liabilities 138,807 154,835: (16,028) -10.35%
<br /> Payroll Accmals 124,249 119.367 4,882
<br /> Accrued Interest(lease) 54,747 46,6491 9,098
<br /> 3,038 3,49T'
<br /> 852.185 `-g24 y41, (453)
<br /> Other Current Liabilities (72756) -7.87%
<br /> Net Liability(OPEB) -
<br /> NetPensionDeferral 681,271 445718i (111871)
<br /> Deferred Inflows of Resources(Penalon) 1,68,4371 1,413,742. 267,529
<br /> Lease Liability(current portion) 18,437 19,721 (1,284)
<br /> 233,039 - 231,241
<br /> 2,267,194 2,398
<br /> 2,719,422 1fi6,772
<br /> Long Term Liabilities
<br /> Note Payable(Flint Horizon)
<br /> Long Term Debt AdJuslmentlautlllor 2,306299 2;462,955''. (166,858)
<br /> Lang Term Debt Adjustment(lease) 0 01
<br /> Lease Liability(long term portion) 166,854 164,002'. 2862
<br /> 1285 467 _1,519134
<br /> (233 677)
<br /> 3748610 4136091'- f337487)
<br /> Distributions
<br /> Payable to Law Enforcement
<br /> Payable to Education 0 0
<br /> Payable to County 0 0'. -
<br /> TotalCurmnNLTLiabgities 0 0
<br /> 0
<br /> Equity
<br /> Balance Beginning of the year
<br /> Add Income(Loss)Year-to-Dale 13,905,188 73,462,308. 44207B
<br /> Balance End of the Period 5%397 225,140: 284,537 -126.38%
<br /> 13,645,789 t�gg7_443. 168,341
<br /> Total Liabilities&Equity 22311728
<br /> 22,347.084'' 35,368
<br /> 3
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